I am always doing that which I can not do, in order that I may learn how to do it.” -- Pablo Picasso

So now the fun really begins.

That is, if you consider fun the sort of thing that happens when Wall Street has way too much information to process in a very short period of time. Read more about ETF Periscope: Expect Stormy Q3 Earnings Season as Washington’s Maelstrom Proceeds


You must live in the present, launch yourself on every wave, find your eternity in each moment. -- Henry David Thoreau

Well, that party didn’t last long, and the hangover was on the nasty side.

Wall Street had a few days to entertain a little early-week exuberance as a couple of Fed-centric news cycles spurred the equity market towards yet another round of record highs. That exuberance, however, was severely “tapered” when a conflicting message from another Fed officer sent the market reeling towards steep losses, cutting into its midweek gains. Read more about ETF Periscope: Reactive Market Responds to Fed’s Mixed Tapering Signal

"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand.”—Sun Tzu

Don’t look now, but the Dow could easily end the year about where it started. All it will take is another few rounds of weaker-than-expected earnings reports to seal the deal, accompanied by a resultant move downward of about 7% for the Blue-Chip index. Read more about ETF Periscope: With Companies Sitting On Massive Cash, Expect Blisters On Bottom Lines

daniel / Tag: DJIA, SPX, NASDAQ, APPL, AMZN / 0 Comments
david / Tag: ABG, AMZN, DOW, DTLK, GGAL, MA, NNBR, STX, WHR / 0 Comments

Fear Factor Up . . . So is the Market Despite Mid-East Turmoil

by David Brown, Chief Market Strategist, Sabrient Systems

The market shrugged off the serious instability in the Middle East today, after tanking on those fears on Friday. The Dow, the Nasdaq, and the S&P 500 were all up, with the S&P 500 up the most, +0.77%. Read more about What the Market Wants: Fear Factor Up . . . So is the Market Despite Mid-East Turmoil

david / Tag: AMZN, AVT, AVX VLO, AXP, CAT, DD, F, NFLX, ROC, VIX, VXX / 0 Comments

The market posted a big red candle today. It was much overdue … and in fact needed for a healthy market. It simply cannot go up in a straight line and engender confidence among investors. Backing and filling is a necessary aspect of a healthy bull market. Read more about Sector Detector: Market Takes an Overdue Pause

smartindale / Tag: AMT, AMZN, ARW, CCI, CI, ETF, GMCR, IDU, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, linkedin, long/short, MDCO, sector, sector-rotation, stock-trading, trading-strategies, YGE / 0 Comments

The Energy Sector has demonstrated a surge in technical strength to lead the market higher this week, and at the same time it has surged in the SectorCast rankings. Read more about Sector Detector: Energy Surges in Rankings and Spurs Market Breakout

smartindale / Tag: AMZN, CCI, CWTR, ETF, IDU, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JBL, KLIC, LEAP, linkedin, long/short, MDCO, sector, sector-rotation, SKH, stock-trading, trading-strategies / 0 Comments

The market continues to creep upward, with the short-term trend clearly positive albeit on quite low volume.  The S&P 500 remains above its 50-day and 200-day moving average, but as we head into the current week, our concern is about conviction within the marketplace.  The ECRI (Economic Cycle Research Institute) finally gave a positive uptick last week, but it would be early to conclude that we’re on a strong uptrend. Read more about What the Market Wants: Waiting for FOMC

david / Tag: AFSI, AMZN, CYD, GOOG, HP, IBM, LPNT, VSH / 0 Comments

The abundance of news last week -- most with a positive slant -- finally boosted the S&P 500 out of the Channel of Gloom in which it was mired for so long. Not only did the S&P 500 break out of the channel, but it is now threatening the 200-day moving average, having surpassed the 50-day MA last week. Read more about WHAT THE MARKET WANTS: The Thundering of Little Feet

david / Tag: AAPL, AET, AFL, AMZN, BA, CIT, F, FCFS, FDX, GOOG, IBM, LVS, MOT, MRK, MS, NTSC, RGR, S, sectors, SNE, TESS, V, XOM / 0 Comments